KBS Real Estate Investment Trust III, Inc.
KBSROTCReal Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $16.6M | $18.2M | $18.7M | $18.1M | $16.6M | $18.7M |
| Operating income | — | — | — | — | — | — |
| Net income | −$78.8M | −$10.9M | −$157.5M | −$62.5M | $143.7M | −$58.9M |
| Total assets | $1.56B | $1.82B | $2.14B | $2.26B | $2.25B | $2.50B |
| Total liabilities | $1.39B | $1.57B | $1.87B | $1.80B | $1.59B | $1.56B |
| Equity | $177.8M | $256.6M | $267.4M | $421.7M | $620.2M | $898.0M |
| EPS (diluted) | $-0.53 | $-0.07 | $-1.06 | $-0.42 | $0.83 | $-0.10 |
| Shares out. | 148.5M | 148.5M | 148.6M | 151.4M | 185.1M | 181.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- −474.1%
- Return on equity
- −44.3%
- Return on assets
- −5.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 88.6%
- Debt / equity
- 7.79×
- Book value / share
- $1.20
- Revenue growth (YoY)
- −8.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −4.6%clean
- Piotroski F-Score
- 3/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 warning● 1 good- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5,643 | 4.8 | +258.1% |
| Apr 30, 2026 | 1,576 | 1.0 | 0.0% |
| Apr 15, 2026 | 1,576 | 3.4 | 0.0% |
| Mar 31, 2026 | 1,576 | 1.0 | 0.0% |
| Mar 13, 2026 | 1,576 | 23.9 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationApr 8, 2026
- Entered a material agreement · New financial obligationFeb 2, 2026
- Regulation FD disclosureJan 30, 2026
- Other material eventDec 19, 2025
- Other material eventSep 29, 2025
- Entered a material agreementSep 29, 2025
- Shareholder voteJul 24, 2025
- Other material eventMay 8, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QFORM 10-QMay 14, 2026
- 8-KFORM 8-KApr 8, 2026
- 10-KFORM 10-KMar 27, 2026
- 8-KFORM 8-KFeb 2, 2026
- 8-KFORM 8-KJan 30, 2026
- 8-KFORM 8-KDec 19, 2025
- 10-QFORM 10-QNov 14, 2025
- 8-KFORM 8-KSep 29, 2025
- 8-KFORM 8-KSep 29, 2025
- 10-QFORM 10-QAug 14, 2025
- 8-KFORM 8-KJul 24, 2025
- 10-QFORM 10-QMay 12, 2025
- 8-KFORM 8-KMay 8, 2025
- DEFA14AFORM DEFA14AApr 28, 2025
- DEF 14AFORM DEF 14AApr 28, 2025
Event-driven situations (1)
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